1556 Ely St, Memphis, TN 38106
Property image
Property image
OFF MARKET

$54,100

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 648 sqft

1556 Ely St, Memphis, TN 38106

Downtown
Est. Refi. Payment $412/mo*
Refinance Your Home
Currently Off Market - Sold Nov 1, 2024 for $30,000

Home Value

Trulia Estimate
$54.1K
Since last month
Increased$200 (+0.4%)
Since last year
Increased$26K (+87.3%)
Since last sale
Increased$25K (+82.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +330% in the last 10 years
MonthEstimated value
2026
September 2026$55K
August 2026$55K
July 2026$56K
June 2026$45K
May 2026$38K
April 2026$29K
March 2026$29K
February 2026$29K
January 2026$29K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1756 S Lauderdale St, Memphis, TN
0.39
Single-Family Home
$30,000
12/11/25
3
1
944
1500 Leland St, Memphis, TN
0.38
Single-Family Home
$48,000
07/07/26
2
1
768
1433 Humber St, Memphis, TN
0.31
Single-Family Home
$20,000
12/12/25
2
1
1,120
1614 Shadowlawn Blvd, Memphis, TN
0.35
Single-Family Home
$42,000
09/17/26
3
1
1,200

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1532 Miller St, Memphis, TN 38106
0.06
$79,500
3
2
1,080
Off Market
1541 McMillan St, Memphis, TN 38106
0.06
$117,900
5
2
1,680
Off Market
1533 S Orleans St #E, Memphis, TN 38106
0.07
$5,000
-
-
-
For Sale
1511 McMillan St, Memphis, TN 38106
0.10
$105,000
3
1
925
For Sale
661 Eads Ave #50-53, Memphis, TN 38106
0.11
$5,500
-
-
-
For Sale
1488 McMillan St, Memphis, TN 38106
0.13
$96,700
4
2
1,260
Off Market
1599 Miller St, Memphis, TN 38106
0.08
$16,500
4
2
1,190
Recently Sold
1482 Carnegie St, Memphis, TN 38106
0.16
-
-
-
-
Off Market
1478 Carnegie St #W, Memphis, TN 38106
0.17
-
-
-
-
Off Market
1534 Gabay St, Memphis, TN 38106
0.14
$95,000
2
1
732
For Sale
1546 Humber St #5-6, Memphis, TN 38106
0.18
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 1556 Ely St.
  • Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1964
648 sqft
$83/sqft
Open Parking

About this House

Small 2/1 with good potential for savvy investor Priced right but needs renovation
1556 Ely St, Memphis, TN 38106 is a 2 bedroom, 1 bathroom, 648 sqft single-family home in Downtown, built in 1964. It last sold for $30,000 on Nov 1, 2024 (3% above the $29,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $54,100, with a rent estimate of $780/month.
Last check for updates: about 10 hours ago
Listed by Reginald L Pruitt
Assured Real Estate Services
Bought with: Reginald L Pruitt, Assured Real Estate Services
Source: MAAR, MLS#10183043

Home Details for 1556 Ely St

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Dining Room, Living Room, Den
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 648 Square Feet
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Tile
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile

Exterior Features

Exterior Home Features
Exterior: SidewalksNo Private Pool
Parking & Garage
No GarageHas Open ParkingParking: Driveway/Pad
Pool
Pool: None

Days on Market

Cumulative Days on Market: 9

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: General ResidentialArchitecture: Traditional
Building
Construction Materials: Brick VeneerNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: 034034 00007

Price & Status

Price
List Price: $29,000
Status Change & Dates
Off Market Date: Fri Oct 18 2024Possession Timing: Rental Agreement

Active Status

MLS Status: Closed

Location

Direction & Address
City: MemphisCommunity: Orleans St Pl Blk 5

Lot Information

Lot Area: 7840.8 sqft

Miscellaneous

Mls Number: 10183043Living Area Range: 100-999 (Retired - Do Not Use)Living Area Range Units: Square Feet

Price and Tax history

DateEventPrice
Nov 1, 2024
Source: MAAR #10183043
Sold
$30,000
Oct 20, 2024
Source: MAAR #10183043
Pending
$29,000
Oct 10, 2024
Source: MAAR #10183043
Listed For Sale
$29,000
Mar 5, 2001
Source: N/A
Sold
$14,750

Market trends in Downtown

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$159K
$10.37KMoM
Sale-to-List Price
—
Price per sq ft
$120
$3MoM
Available listings
384
3MoM

Around this home

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 264 Trulia users voted on each feature.

  • 85 % Say there are sidewalks

  • 76 % Say car is needed

  • 72 % Say it's dog friendly

  • 71 % Say streets are well-lit

  • 64 % Say it's walkable to restaurants

  • 64 % Say there's holiday spirit

  • 60 % Say parking is easy

  • 56 % Say yards are well-kept

  • 48 % Say it's quiet

  • 45 % Say kids play outside

  • 43 % Say neighbors are friendly

  • 43 % Say they plan to stay for at least 5 years

  • 40 % Say people would walk alone at night

  • 38 % Say it's walkable to grocery stores

  • 37 % Say there are community events

  • 22 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Samantha Dahmer
    "Private schools or public in the suburbs for parents moving from out of state to the Memphis area. School buses are about the only public transit. "
    0
    Flag
  • Trulia User
    "Little grass to walk and lots of speeding cars not paying attention to lights pedestrians and animals "
    0
    Flag
  • Samantha Dahmer
    "Public schools outside of Memphis are great, surrounding suburbs. If you live in Memphis city limits, try private schools."
    0
    Flag
  • Trulia User
    "There are different things the children can play, parks, you can go downtown and the pretty lights on different cars, prowlers, you can go riding on school buses for entertainment, here music with different lights on the bus, Beal street is open. There plenty of security around the city. When it is dark keep your children close to your side and enjoy yourselves."
    2
    Flag
  • Trulia User
    "The neighborhood seems very nice. Everything was clean. The houses very organized. The grass was nice. The mail ran on time. The people seemed to be very friendly. Also there was not any Home owners association fees. Everybody seemed to a gravitational community."
    9
    Flag
  • Jeremy F.
    "We have a variety of Festivals and events that celebrate the culture of the south. There are live music, great food, and games to play."
    6
    Flag
  • Lonneystar
    "People are friendly and willing to offer directions or information about the area. There are many stores and restaurants nearby. "
    1
    Flag
  • Alan B.
    "Dog park and parks are nearby. It is very walkable to most parks. There does however, seem to be an abundance of dog waste left around the city"
    2
    Flag
  • Emma L.
    "There is a giant, nice new dog park with a space for large dogs and a space for smaller dogs. There’s a little by river walk that’s wide enough for you to pass another dog, and tons of grass for them to run around in."
    5
    Flag
  • Alyssa R.
    "St Jude marathons, close to downtown, uptown, midtown, cooper young, Overton square area which have events monthly"
    2
    Flag
  • Shannon F.
    "Mississippi River views- quiet, privacy. Feeling of security and community amongst all neighbors. Neighbors are friendly. "
    2
    Flag
  • Juantena J.
    "I like where I live...a lot of places are very close. I can walk to the grocery store and Walgreens. I'm not use to living in the "City" so hearing the police sirens and ambulances too, I've gotten use to it"
    4
    Flag
  • Luh C.
    "Be strong and take care of what need to be done as in responsibility. Provide strive for greatness. "
    3
    Flag
  • Ebony C.
    "Not sure because I don’t own any pets and have no desire to do so. However there is a dog park downtown and other park areas "
    2
    Flag
  • Parker R.
    "Heavy traffic area, not awesome for walking your dog. Taking your dog down by the river is nice though, which is a short-ish walk away or a very short drive."
    1
    Flag
  • Hunny P.
    "Right by the river. Peaceful and calm environment. If you do get bored, night life is right around the corner. You get it all without sacrificing the peace and ambience "
    29
    Flag
  • Chloe S.
    "12 minutes to midtown. Not terrible traffic really. 5 minutes to West Memphis, AR. Roads are very easy to navigate"
    2
    Flag
  • Hunny P.
    "Accessible to parks and events. Quiet even though it is next to the street. Dog parks around the corner, food and grocery around the corner. You can take peaceful walks on the bridge. Amazing view"
    1
    Flag
  • Jaimie W.
    "Walking around or using a scooter down town, particularly south main is safe. Outside park areas available. "
    0
    Flag
  • Becky L. B.
    "South main arts district and business constantly expanding the area so our downtown can grow. Is residential in a downtown atmosphere. "
    18
    Flag
  • Murrellneal48
    "Dogs always have fun being walked by there owner. So to make a long story short. They are always very happy to be walked by there owner. And play with children."
    0
    Flag
  • Chauncey R.
    "My commute is pretty decent. I’m in the middle of everything and really don’t have to leave the house. The only downside is there is no grocery store in the area."
    1
    Flag
  • Danielle R.
    "Trolley nights on Main Street are very popular. Farmers market on Saturday mornings, new initiatives on Beale street landing on the river"
    0
    Flag
  • Goldmike99
    "Love living downtown good people not great for kids. Dog walkers is are all over and people are so friendly."
    9
    Flag
  • Goldmike99
    "A lot of people walk there dogs downtown and plenty of small places. Also small dog parks local in the area."
    0
    Flag
  • Evans.bran
    "It’s actually great for dog owners as long as they are leashed. There is plenty of places to walk them."
    0
    Flag
  • Alyssa R.
    "close to downtown, hospitals, Mississippi River, Overton Square, Midtown, Cooper Young, West Memphis, "
    3
    Flag
  • Elijah D.
    "One of the safest areas of downtown. Living next to the river is a huge plus and wonderful for children and those with pets. Bugs are a problem though if you don’t mind them too much "
    8
    Flag
  • Gayle M.
    "My neighborhood is fun and has a lot of great restaurants & entertainment nearby. But it can be sketchy after dark."
    0
    Flag
  • De-Mi W.
    "Great family environment! Great grocery store, school, restaurants and much more! The scenery is so beautiful! "
    0
    Flag
  • Norton2352
    "Lots of dog walkers- shops and cool nightlife- young people like the area- low crime rate- close to my church and my daughters family "
    1
    Flag
  • Niyungeko J.
    "It is important as a parents to chose an area that's safe for the kids to play without having to worry about anything. An area that's close to the park and it's safe. Also do house shopping wuth kids and get kids views of the houses as it will give you an ideas and add your ideas and their ideas to compromise"
    0
    Flag
  • Brian C.
    "Extremely easy access to the interstate so most trips are only 20-25 minutes. New traffic light at Georgia and Riverside makes the left turn a breeze to make now."
    0
    Flag
  • rae h
    "The traffic is bad 7-9am and 4-6pm which is typical everywhere. but any other time is pretty quiet but there is almost never parking anywhere. ever."
    0
    Flag
  • Tylersmith1031
    "I love downtown Memphis; it’s nice up incoming area. It’s exciting seeing Memphis become America’s next modernized renovated big city right before my eyes. "
    0
    Flag
  • JohnnyG
    "I've lived in this neighborhod for over three years and I've never had a problem. The people are nice and friendly I I feel safe walking at night."
    12
    Flag
  • Lisa A. D.
    "Close to the River, close to the bluffs, Secure, gated, some noise from special events or some weekends for the most part it is quite"
    0
    Flag

LGBTQ Local Legal Protections

Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Frequently asked questions about 1556 Ely St

  • What is 1556 Ely St estimated to be worth?
    Trulia's estimated value for 1556 Ely St in Memphis, TN is $54,100.
  • What is the price history for 1556 Ely St?
    1556 Ely St in Memphis, TN last sold for $30,000 in November 2024.
  • Is Memphis a buyer's or seller's market?
    Memphis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $159K. That is down $10.37K from the prior month.
  • How big is the lot at 1556 Ely St?
    The lot at 1556 Ely St in Memphis, TN is about 0.18 acres (7,841 sq ft).
  • Does 1556 Ely St have parking?
    Yes, 1556 Ely St in Memphis, TN has on-site parking.

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Off Market Homes Near 1556 Ely St

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